Delray Beach Restaurant for Sale -- Below Market Lease in Place

Delray Beach restaurant for sale has great location and lease. Turn-key opportunity as space can easily convert to any concept.

Location, location, location. This Delray beach restaurant for sale is located in the trendy downtown area that is home to hotels, retail boutiques, restaurants and lounges. As a destination area for both locals and tourists this area is busy 12 months a year. Downtown Delray Beach hosts festivals, tennis tournaments, Bicycle races, and art fairs throughout the year. This is an A+ location at below market rent that is beautifully built out and ready for your concept.  

This restaurant for sale occupies approximately 1,200 square feet, with 900 under air and another 300 as on outdoor patio. 28 guests can be accommodated indoors while another 21 guests can dine outdoors. Parking will never be a problem as plenty of street parking is available. Many of your customers will also enjoy walking along the street to gaze at the art in the local galleries or shop in the local retail boutiques. A very large and popular hotel is also within walking distance. The below market rent of $2,100 per month includes all CAMS and taxes. The lease has six years remaining with annual CPI increases on the amount.

The commercial kitchen is fully equipped and ready for any concept.  Click on the link below to view the 10 foot exhaust hood, char-broiler, four burner cook top with stove, table top fryer, microwave, three door sandwich cooler, True stand-up freezer, ice machine, and much more. Room is available to put in walk-in freezer and coolers if needed.  
 
The front of house is spectacular. Everything you see will be included in the transfer of sale with the exception to the owner’s personal collection of artwork and the POS system. The owner is a computer scientist and he has developed the system himself. The use of this can be negotiated at time of sale.  The front of house has 14 tables indoors and seven tables outdoors. Indoors you have 25 dining room chairs with an additional two large chairs and one couch that are used with two round tables, which offer an intimate dining experience for your guest. The outdoor seating has 21 chairs. The restaurant for sale has a 2COP license. The back wall of the restaurant has a wood wine display that opens into the kitchen. Behind the counter is a three door under counter refrigeration unit. The light fixtures are stunning as is the wall décor. 

The current concept is Turkish and Greek cuisine. The menu and recipes will transfer with sale of the business, but the concept can easily be changed. The area is casual, but upscale. Ideal concepts for the area would include, but are not limited to Latino, Seafood, upscale Burger, Organic, Thai and Sushi. The current hours of operations are Thursday and Friday from 5 pm – 9 pm and Saturday and Sunday from 11 am – 9 pm. The days and hours of operations can easily be expanded to satisfy your customer base.

The owner of this restaurant is motivated to sell. He was the investor who put up the money for a family member who has left the country. This restaurant for sale in trendy downtown Delray Beach is being sold for assets only.  As the owner has just taken over the business no books or records will be provided. The most valuable asset being transferred will be the below market rent in an A+ location. This sale will be a cash only sale as no seller financing will be provided.

Please click on the link below to sign an electronic confidentiality agreement and obtain the name and address of this opportunity. If you have questions please call your certified restaurant broker, Ken Eisenband, at 561-350-3365. 

Listing

  • Listing#: 4198
  • Price: $199000
  • Location: Delray Beach
Lease Term: six years
Monthly Rent: $2,100
Indoor Seating: 28
Inside Sq. Ft: 900
Hood System: Yes
Neighboring Businesses: Trendy Restaurants, Boutiques, Art Galleries, Hotel, Condos
Hours Open: Thursday and Friday 5 pm - 9 pm and Saturday and Sunday 11 am - 9 pm
# of Part-Time Employees: 1
# of Full-Time Employees: 1

Features

  • Restaurant For Sale in Trendy Downtown Delray Beach
  • A+ Location can Easily Convert to Any Concept
  • Below Market Rent of $2,100
  • Fully Equipped Commercial Kitchen Has it All
  • Beautifuly Built-out Front of House Dining Room
  • 2COP License In Place
  • Beach Restaurant for Sale